The amount an investor pays for an option above its intrinsic value, it reflects the amount of time left until expiration. The amount is calculated by subtracting the intrinsic value from the premium paid.

A printed document that contains date of a transaction, including the settlement date and amount of money due from or owed to a customer. It must be sent to the customer on or before the settlement date.

A person or corporation responsible for recording the names and holding of registered security owners, seeing that certificates are signed by the appropriate corporate officers, affixing the corporate seal, and delivering securities to the new owners.

A marketable U.S. government debt security with a maturity of less than one year. Treasury bills are issued through a competitive bidding process at a discount from par, there is no fixed interest rate.

On a technical analyst´s trading activity chart, a pattern that shows a narrowing of the price range in which a security is trading. The left side of the triangle typically shows he widest range, and the right side narrows to a point.